SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2024

SEGMENT REPORTING

Schedule of revenue and expenses for the operating segment to consolidated amounts

	Year Ended December 31,
	2024		2023
Operating expenses:
Contracted research expense	$	80,214	$	57,497
Personnel expense		35,797		24,604
Stock-based compensation expense		24,712		17,556
Other segment expense(a)		16,040		13,149
Depreciation		2,069		1,551
Segment net loss		(158,832)		(114,357)
Reconciliation of net loss
Interest income		25,019		14,194
Net Loss	$	(133,813)	$	(100,163)

^a Other segment expense included in Segment net loss includes contracted administrative expenses, intellectual property fees, software costs, occupancy & equipment costs, and other overhead expenses.